The option value of data in a crisis

The COVID-19 crisis prompts new questions, like who is at greatest risk of exposure to this new coronavirus. For this particular question, the answer is hiding in data that already exists. The New York Times did an analysis showing which workers are at greatest risk of exposure to the coronavirus. The vertical axis shows how […]

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The Law As Data Capital

Harvard Law School and Ravel Law, a startup, are digitizing Harvard’s complete collection of US case law going back to 1647 . That’s 43,000 volumes, totaling about 40 million pages. This new trove of data capital costs millions to create. It will be free to search online, but analysis of the data can only be had for a […]

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Data Is Capital, Not Money

Capital and money might seem like the same thing, but they’re not. A lot of executives I talk to about data capital confuse the two — even MBAs! So, let’s clarify the difference between capital and money, and why it matters when it comes to data. Take capital first. Capital, along with labor and land, is […]

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